Job Sharing, Employment and Wages
1984 (English)Report (Other academic)
The paper analyzes the effects of job sharing, i.e. a reduction of working time, on wages and output with a monopoly trade union. The effects are related to how working time is determined initially: the wage increases if initial working time is smaller or equal than the trade union optimum, whereas the result is unclear when it is larger. It is never optimal for the trade union to reduce both wages and working time in response to recessionary supply shocks such as those in the seventies. The analisys may help to explain varying attitudes towards work sharing in different countries.
Place, publisher, year, edition, pages
Stockholm: IIES , 1984. , 23 p.
Seminar Paper / Institute for International Economic Studies, Stockholm University, ISSN 0347-8769 ; 272
IdentifiersURN: urn:nbn:se:su:diva-41239OAI: oai:DiVA.org:su-41239DiVA: diva2:329165